Hemant Soren: ED summons Jharkhand CM Hemant Soren for seventh time in money laundering case

The Enforcement Directorate issued a summon to Jharkhand Chief Minister Hemant Soren for questioning in connection with an alleged land scam, sources said on Saturday. CM Soren has been asked to depose at the federal agency’s office in Delhi and get his statement recorded on a date convenient to him and the agency in the … Read more

market: A bumper year for equities, and the promise of more

Indian equity markets extended their winning streak for the 8th consecutive calendar year, with the Nifty gaining 20% in 2023. Mid-cap and smallcap investors saw an even faster rise in wealth. Many IPOs delivered outstanding returns as investors rushed to new offerings amid a dearth of reasonably valued stocks in secondary market. Retail investors continued … Read more

general elections: ETMarkets Smart Talk: General elections, Budget among top 4 events to track in 2024: Sunny Agrawal

“From the next 6 to 12 months’ perspective, we expect the domestic equity market to remain buoyant and have room to further go up by 8-10%,” Sunny Agrawal, Head of Fundamental Equity Research, SBI Securities, said.In an interview with ETMarkets, Agrawal said: “BFSI, Real Estate, Auto, Cement, Engineering/Cap Goods, Infra, Railways, Defence, Renewables, IT, Biofuels … Read more

Wall Street: Wall Street ends slightly lower, capping blockbuster year

U.S. stocks closed modestly lower on Friday, the last trading day of 2023, capping a robust year-end rally as investors eyed easier monetary policy in the year ahead. The stock market has seen remarkable upward momentum in the closing months of the year, powering all three major indexes to monthly, quarterly and annual gains. For … Read more

Record numbers in UK seeking help with energy bills and food costs | Poverty

Record numbers of people sought help in accessing homeless services, food banks and energy bill support this year, finding it ever “harder to find solutions”, Citizens Advice said, amid the cost of living crisis. Figures from the UK’s largest independent advice provider show that an unparalleled number of people were unable to top up their … Read more

Russian egg crisis: What's behind price hikes?

(NewsNation) — In a recent Q&A session with Russian President Vladimir Putin at his end-of-year news conference, a woman had a simple request for the government: Bring down the price of eggs. Her criticism prompted an apology from Putin, who said it was a “failure of the government’s work” that egg prices have soared 40% … Read more

crypto: Offshore crackdown may bring crypto party home

Mumbai: The Financial Intelligence Unit’s decision to issue compliance show-cause notices to nine foreign virtual digital asset service providers along with a request to the IT ministry to block their URLs for not adhering to regulatory norms is expected to level the playing field, Indian crypto exchanges have said. The move may lead to a … Read more

Britons cut back on dining out and buying clothes, Barclays reveals | Consumer spending

Hard-pressed consumers cut back on eating out and buying new clothes to prioritise spending on travel, entertainment and a visit to the pub over the past year, as soaring inflation and rising bills sharply curtailed the rate of spending growth. Consumer card spending increased by 4.1% year-on-year in 2023, almost two-thirds lower than the 10.6% … Read more